Lukoil, officially known as Lukoil Oil Company, is a prominent player in the global energy sector, headquartered in Russia. Founded in 1991, the company has rapidly evolved into one of the largest oil and gas producers in the world, with significant operations across Europe, the Middle East, and Africa. Lukoil's core business areas encompass exploration, production, refining, and distribution of oil and gas, alongside petrochemical manufacturing. The company is renowned for its commitment to innovation and sustainability, offering high-quality fuels and lubricants that meet stringent environmental standards. With a strong market position, Lukoil has achieved notable milestones, including extensive investments in technology and infrastructure, solidifying its reputation as a leader in the energy industry.
How does Lukoil's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Lukoil's score of 16 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data from 2021, Lukoil's carbon emissions totalled approximately 41,391,800,000 kg CO2e, comprising about 36,388,000,000 kg CO2e from Scope 1 emissions and about 5,103,000,000 kg CO2e from Scope 2 emissions. Over the years, Lukoil has shown a gradual decrease in emissions, with Scope 1 emissions decreasing from about 40,448,000,000 kg CO2e in 2017 to the 2021 figure. Lukoil has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or similar frameworks. The company has not outlined any formal climate pledges or reduction initiatives in the provided data. In the context of the oil and gas industry, Lukoil's emissions reflect the broader challenges faced by fossil fuel companies in addressing climate change and transitioning towards more sustainable practices.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Scope 1 | 40,448,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 2 | 10,450,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | - | - | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lukoil is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.